ServiceTitan (NASDAQ:TTAN) Issues Quarterly Earnings Results

ServiceTitan (NASDAQ:TTAN) announced its quarterly earnings results on Thursday. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.12 by $0.06, Briefing.com reports. The company had revenue of $215.69 million for the quarter, compared to analyst estimates of $208.61 million. The company’s revenue was up 26.6% compared to the same quarter last year. ServiceTitan updated its FY 2026 guidance to EPS and its Q2 2026 guidance to EPS.

ServiceTitan Trading Down 6.9%

Shares of NASDAQ:TTAN opened at $106.60 on Friday. ServiceTitan has a 1-year low of $79.81 and a 1-year high of $131.33. The stock’s 50 day moving average price is $113.89.

Insider Transactions at ServiceTitan

In other news, CFO David Sherry sold 10,175 shares of ServiceTitan stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $94.65, for a total transaction of $963,063.75. Following the sale, the chief financial officer now directly owns 325,409 shares in the company, valued at approximately $30,799,961.85. The trade was a 3.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michele O’connor sold 5,494 shares of ServiceTitan stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $94.65, for a total transaction of $520,007.10. Following the sale, the chief accounting officer now owns 89,302 shares in the company, valued at approximately $8,452,434.30. This trade represents a 5.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. 51.72% of the stock is owned by insiders.

Institutional Trading of ServiceTitan

An institutional investor recently raised its position in ServiceTitan stock. Woodline Partners LP raised its stake in shares of ServiceTitan Inc. (NASDAQ:TTAN) by 4.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,141 shares of the company’s stock after purchasing an additional 95 shares during the quarter. Woodline Partners LP’s holdings in ServiceTitan were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TTAN shares. Needham & Company LLC reiterated a “buy” rating and issued a $140.00 target price on shares of ServiceTitan in a research note on Friday. Robert W. Baird raised their price target on ServiceTitan from $106.00 to $124.00 and gave the company an “outperform” rating in a research report on Wednesday. Stifel Nicolaus raised their price target on ServiceTitan from $110.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, May 30th. Cowen reaffirmed a “buy” rating on shares of ServiceTitan in a report on Wednesday, May 21st. Finally, TD Securities raised their target price on ServiceTitan from $120.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, May 21st. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, ServiceTitan has an average rating of “Moderate Buy” and a consensus price target of $122.21.

ServiceTitan Company Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.